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EON's Russian slump bodes ill for fossil fuel spin-off

Tue, Aug 11, 2015 - 5:50 AM

Dusseldorf

EON SE's Russian operations are hurting profit at Germany's largest utility, a sign of future pain for its fossil fuel spin-off Uniper that's set to take control of the eastern assets.

First-half earnings before interest, taxes, depreciation and amortisation (Ebitda)...

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